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  • Olivia Thomas

Investment property of the week - Tibshelf


My investment property of the week is a three bedroom terraced house on High Street in Tibshelf.

This property is marketed by Green & May, a local independent estate agent situated on Alfreton High Street and although I haven't visited the property myself, it looks to be well presented and in good condition. Of course a thorough inspection by any potential buyer would be necessary to assess its full investment potential. Tibshelf is a popular rental area and properties there usually let within a very short period of time.

Rental values in the area for a property such as this range between

lowest £465pcm - highest £525pcm depending on the property.

If the property was purchased at the current asking price of £74,950 and let for £495pcm the yield potential would be a healthy 7.93%

Property link: http://www.greenandmay.co.uk/sales_fulldetails.php?id=100049126

If you would like to discuss this post or other potential investment properties in Alfreton and Ripley please don't hesitate to drop me an email at enquiries@rfoproperties.co.uk


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I hope you enjoy reading our blog and find it both informative and useful. These articles are designed for people who have an interest in the residential property market in and around the Alfreton and Ripley areas. 

 

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